House Passes $42B RRF

In the ‘never say never category’, the US House of Representatives yesterday passed legislation replenishing the Restaurant Revitalization Fund (RRF) with an additional appropriation of $42 billion. But, before we get too excited about the extra round of funding to help restaurants recover from the coronavirus pandemic, realize that it still must pass the Senate,…

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SBA Triples Disaster Loan Limits

The Small Business Administration (SBA) is increasing the maximum loan amounts under its Economic Injury Disaster Loans program (EIDL) effective April 6. In addition, the increase may also include some level of retroactivity. The EIDL, which was capped last year at six months’ worth of economic injury up to $150,000 maximum, will now be extended…

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More Municipal Mandates

It’s not only governors around the nation that are issuing edicts, imposing restrictions and otherwise getting their pound of flesh from small businesses, municipalities are doing their best as well. The City Council in Denver this week declined to pause the planned minimum wage increase in the Mile High City to $14.77 per hour effective…

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